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Saints Cap moves begin-- Michael Thomas definitely here to stay
Posted on 2/26/22 at 9:18 am
Posted on 2/26/22 at 9:18 am
LINK
Source: the Saints’ cap moves are underway, as they’ve converted $14.565M of Michael Thomas’ compensation for 2022 and $18,206,608 of OT Ryan Ramczyk’s compensation for 2022 into signing bonuses, creating $26.217M in cap space.
It was extremely obvious to anyone with knowledge of the NFL salary cap that Michael Thomas would be a Saint next season at the least,but this board has many who thought otherwise. This move makes it pretty much a 100% reality.
Source: the Saints’ cap moves are underway, as they’ve converted $14.565M of Michael Thomas’ compensation for 2022 and $18,206,608 of OT Ryan Ramczyk’s compensation for 2022 into signing bonuses, creating $26.217M in cap space.
It was extremely obvious to anyone with knowledge of the NFL salary cap that Michael Thomas would be a Saint next season at the least,but this board has many who thought otherwise. This move makes it pretty much a 100% reality.
This post was edited on 2/26/22 at 9:25 am
9
Posted on 2/26/22 at 9:20 am to Chadzilla
But I was told we are in cap hell!!
Posted on 2/26/22 at 9:45 am to Chadzilla
Where does that put us?
Posted on 2/26/22 at 9:47 am to Chadzilla
Making moves for big Russ!!! /sarcasm 
Posted on 2/26/22 at 10:03 am to Chadzilla
Here to stay for one season
Posted on 2/26/22 at 10:13 am to Proximo
Lol this dudes gonna get over 1k yards and 80+ catches for us and we're all gonna fricking pretend like hes not worth it, even after last seasons wr nightmare.
Yall are ridiculous. I'm stoked Mike's coming back.
Yall are ridiculous. I'm stoked Mike's coming back.
Posted on 2/26/22 at 10:14 am to CP3forMVP
quote:
Where does that put us?
Now only $50m over
Posted on 2/26/22 at 10:37 am to Rand AlThor
quote:quote:
Where does that put us?
Now only $50m over
I wish this was a joke.
But there will be a crap ton of moves by the team that will get us cap solvent.
I also haven't kept up so I am not sure if they are calculating with the final cap limit for 2022 or if they actually even know that now.
Posted on 2/26/22 at 10:49 am to mdomingue
quote:
also haven't kept up so I am not sure if they are calculating with the final cap limit for 2022 or if they actually even know that now.
Don’t think it’s been finalized, but they can speculate within a few million bc the cap is based off of a percentage of prior year revenues
The number is high, but that also has a lot of those large roster bonuses that Mickey always converts to other types of bonuses to spread the number out. Probably looking at another $25-30M that they can take off without having to really do anything. And that’s just looking at Latt, Taysom & AK’s contracts.
This post was edited on 2/26/22 at 10:52 am
Posted on 2/26/22 at 10:54 am to Weekend Warrior79
And cutting Roby saves about 10M
Posted on 2/26/22 at 10:54 am to Chadzilla
Lol where's all the hate??
Posted on 2/26/22 at 12:58 pm to mdomingue
quote:
But there will be a crap ton of moves by the team that will get us cap solvent.
With the new league beginning on March 16th, these moves are about to happen very quickly.
Posted on 2/26/22 at 2:35 pm to BigBrod81
Peat just got restructured as well
Posted on 2/26/22 at 4:40 pm to Chadzilla
So if Thomas is still injured and doesn't play this year are we just out of the money? I assume we didn't have many other choices either way.
This post was edited on 2/26/22 at 9:49 pm
Posted on 2/26/22 at 6:03 pm to Chadzilla
Saints about to enter the QB derby. Rodgers Wilson Watson Carr Goff Wentz etc. Who is it going to be?
Posted on 2/26/22 at 6:18 pm to boudinman
I wouldn't be surprised if the saints draft malik Willis.
Posted on 2/26/22 at 7:01 pm to Ancient Astronaut
quote:Using the term "cap hell" is the epitome of lazy journalism for me. Rotoworld uses it all the time.
cap hell
Posted on 2/27/22 at 10:26 am to Chadzilla
Good maybe he can stay healthy and at least pretend to not be a diva.
Posted on 2/27/22 at 2:00 pm to Weekend Warrior79
quote:
The number is high, but that also has a lot of those large roster bonuses that Mickey always converts to other types of bonuses to spread the number out. Probably looking at another $25-30M that they can take off without having to really do anything. And that’s just looking at Latt, Taysom & AK’s contracts.
I read something along the lines of they could shave $100mm without cutting a single player.
This post was edited on 2/27/22 at 2:01 pm
Posted on 2/27/22 at 2:07 pm to drizztiger
quote:
Using the term "cap hell" is the epitome of lazy journalism for me.
It's typical clickbait bullshite. The type of headlines the uninformed loves to eat up.
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